Kotipizza Group Oyj: Changes in Kotipizza Group's Executive Board

Kotipizza Group Oyj

Stock Exchange Release 17 February 2017 at 8.05 am (EET)

Changes in Kotipizza Group's Executive Board

Olli Väätäinen has resigned from his position as Chief Operating Officer of Kotipizza Group Oyj and member of the Executive Board. Väätäinen will take up the position of CEO for Solteq Oyj.

Väätäinen will stay in his position until 31 March, 2017. The company will begin immediately the search process for a new COO.

Kotipizza Group Oyj
Tommi Tervanen, CEO

More information:
Tommi Tervanen, CEO
tel. +358 207 716 743

Timo Pirskanen, CFO
tel. +358 207 716 747

Kotipizza Group in brief
Kotipizza is a Finnish pizza chain founded in 1987. At the end of financial year 2015, the number of restaurants stood at 257 restaurants. In 2015, the sales of Kotipizza restaurants were EUR 77.3 million. Kotipizza Group net sales were EUR 56.4 million for the financial year 2015 with a comparable EBITDA of EUR 5.03 million respectively.

Changes in Kotipizza Group's Executive Board

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Source: Kotipizza Group Oyj via Globenewswire